Forge Global Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019
Period Ending	Nov '25 Nov 18, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019
Market Capitalization	606	172	601	298	509	-	Upgrade
Market Cap Growth	193.04%	-71.38%	101.40%	-41.38%	-	-	Upgrade
Enterprise Value	549	68	452	107	685	-	Upgrade
Last Close Price	44.03	13.96	51.45	25.95	147.59	-	Upgrade
PS Ratio	6.01	2.17	8.61	4.30	3.98	-	Upgrade
PB Ratio	2.97	0.76	2.24	0.92	2.63	-	Upgrade
P/TBV Ratio	14.00	1.77	4.50	1.61	-	-	Upgrade
P/FCF Ratio	-	-	-	-	46.71	-	Upgrade
P/OCF Ratio	-	-	-	-	46.71	-	Upgrade
EV/Sales Ratio	5.91	0.86	6.48	1.54	5.35	-	Upgrade
EV/FCF Ratio	-	-	-	-	62.80	-	Upgrade
Debt / Equity Ratio	0.02	0.03	0.02	0.02	0.05	0.21	Upgrade
Debt / EBITDA Ratio	-	-	-	-	-	87.16	Upgrade
Debt / FCF Ratio	-	-	-	-	0.97	-	Upgrade
Asset Turnover	0.35	0.28	0.21	0.22	0.50	0.27	Upgrade
Quick Ratio	2.27	4.53	6.53	7.45	2.11	0.68	Upgrade
Current Ratio	2.55	4.74	6.74	7.84	2.32	1.34	Upgrade
Return on Equity (ROE)	-28.25%	-27.40%	-30.83%	-43.13%	-10.79%	-10.40%	Upgrade
Return on Assets (ROA)	-15.20%	-17.07%	-16.15%	-22.46%	-2.16%	-1.44%	Upgrade
Return on Capital (ROIC)	-17.57%	-19.31%	-17.96%	-26.01%	-2.90%	-2.13%	Upgrade
Return on Capital Employed (ROCE)	-29.00%	-32.90%	-30.40%	-33.10%	-4.10%	-2.30%	Upgrade
Earnings Yield	-10.33%	-38.55%	-15.01%	-37.47%	-3.63%	-	Upgrade
FCF Yield	-6.61%	-24.02%	-6.98%	-23.12%	2.14%	-	Upgrade
Buyback Yield / Dilution	-5.54%	-5.63%	-19.58%	-167.08%	-45.53%	-263.58%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q